Petrolimex signs deal with Lukoil

Vietnam National Petroleum Corp. (Petrolimex) has signed a trade agreement with Russia’s Lukoil Open Joint Stock Co. Under the deal signed by Petrolimex Chief Executive Officer Bui Ngoc Bao and Lukoil Vice President Vladimir Nekrasov, Lukoil will supply 500,000 to 600,000 tons of diesel fuel to Petrolimex every year. Diesel fuel will be transported from the Black Sea, the Middle East or neighboring regions.It will get a long-term lease to run the Van Phong bonded warehouse. (September 18, 2009)